ePointMarketing Sells Industry-Leading eCash Software Package to Impact Payment Systems.LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. -- The industry's leading online cash advance software is now being utilized by Impact Payment Systems, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . The Utah-based company purchased the eCash system from Las Vegas-based ePointMarketing and has now completed software installation and implementation. "Our purchase of the eCash system has greatly facilitated our ability to manage the entire loan process from the application phase through all aspects of customer service and collections," said Jason Asplund, chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Impact Payment Systems. "With eCash we have been able to quickly and efficiently increase our business without significant increase in personnel and system costs. With the eCash system we can continue our current growth trend with exponential increases in customer acquisition and servicing at a fraction of the cost of other multi-tiered enterprise resource planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. , total quality management, or loan servicing Loan servicing is the process by which a mortgage bank or subservicing firm collects the timely payment of interest and principal from borrowers. The level of service varies depending on the type loan and the terms negotiated between the firm and the investor seeking their services. packages." Among eCash features are: * eCash provides pre-approved applicant filtering into queues for final processing. The queues are customizable, allowing agents to work through pre-approved applications. * eCash has configurable dispositions to set the status to match underwriting policies such as positive employment verification required. * Based on actions, further dispositions can be applied until the lender is ready to fund the loan. * The software handles all necessary documents to support the underwriting and loans servicing process with delivery of personalized documents via fax or e-mail. * The system can transmit monies to an applicant's bank account or optionally interface with other loan servicing systems. * The software is fully compliant with requirements of The Electronic Payments Association (www.nacha.org). * The software allows real-time delivery of automatic clearing house, or ACH batches. The end of day process can be operated completely by an end user with the proper security rights to deliver the credit and debit batches in approved NACHA format. The eCash system can process a 10,000 item ACH batch in minutes. * eCash calculates the payment schedule based on a customer's actual accounting pay model instead of using past pay days and guessing future pay dates. About ePointMarketing ePointMarketing (www.ePointMarketing.com), a SellingSource.com company, develops innovative online loan management software solutions. With services and software designed to meet the demands of progressive online lenders This article may contain original research or unverified claims. Please help Wikipedia by adding references. See the for details. This article has been tagged since September 2007. Online lenders make loans to consumers via computer websites, online. , ePoint helps clients face the challenges of operating a profitable business in a complex Internet market. By offering outsourced, real-time lending solutions, ePoint remains at the forefront of industry issues and trends. The company's systems are created specifically for online lenders. From lead generation to identity verification Noun 1. identity verification - the automatic identification of living individuals by using their physiological and behavioral characteristics; "negative identification can only be accomplished through biometric identification"; "if a pin or password is lost or , underwriting, real-time data Real-time data denotes information that is delivered immediately after collection. There is no delay in the timeliness of the information provided. Some uses of this term confuse it with the term dynamic data. verification, funding, customer service and collections, the ePoint solution is the only fully integrated system on the market. About Impact Payment Systems, LLC Impact Payment Systems, LLC (www.ImpactPayments.com) delivers market-proven financial processing tools. These include electronic transaction solutions, electronic payment products and non-sufficient funds |
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